This is the one business show you cant afford to miss unfair montecito going to washington coming up the Trump Administration oks complex and treatment for covert 19 but questions remain about just how effective the therapy actually is and the Parent Company of take top confirmed its doing the u. S. Government ahead of a possible ban its yet another legal battle between the u. S. And china we have a lot to get to so lets get started. Over the weekend President Trump announced the f. D. A. A merge and see approval of convalescent plasma for coping 1000 patients. Today im pleased to make a truly historic announcement in our battle against the china virus that will save countless lives the f. D. A. Has issued an emergency use. Authorization and that such as a powerful term emergency use authorization for a treatment known as convalescent plasma. This is a. Powerful therapy that trance uses very very strong antibodies from the blood of recovered patients to help treat patients battling a c
Trying always to understand this new culture. You are not a visitor nothing yes you want to become a citizen. In so migrants your platform for reliable information. A worrying sign for the American Economy new unemployment claims rise again as covert 19 case numbers surge can businesses and their employees hold on. And that case surge in the u. S. Is forcing airlines their scale back plans well talk to an expert about the precarious future of the aviation industry. Blowing welcome to the show im Stephen Beardsley in berlin good to have you with us russians are closing again in some states unemployment. Benefits are expiring and a series of affection bans are set to end the surge uncovered 1000. 00 cases across the u. S. Is threatening new damage to the Worlds Largest economy now as Congress Considers a new relief bill theres even more pressure job losses appear to be on the rise again 1400000000 americans filed for jobless benefits last week the 1st uptick since march california and po
Trapped by floodwaters. See how total strangers put their lives on the line to get them out of danger. First, we begin this morning with a look at todays eye opener, your world in 90 seconds. This is a flood economically and healthwise of biblical proportion, and our republican friends are lookin like they just want to fix a leaky faucet. Reporter with stimulus talks collapsing in congress, President Trump says he is prepared to take executive action. If democrats continue to hold this critical relief hostage, i will act under my authority as president to get americans the relief they need. Reporter the u. S. Has broken yet another unthinkable record. More than 160,000 people in the u. S. Have now been killed by the coronavirus. We have to remain vigilant. Were doing very well, but we have to remain vigilant. Reporter warning of a humanitarian disaster in lebanon with widespread medicine and Food Shortages after this weeks explosion. Reporter a u. S. Top intelligence official is warnin
Americas top Infectious Diseases expert says he is confident we will have a vaccine by the end of the year as infections slow and california and arizona, but florida reports record deaths. Secretary of state mike pompeo praises australia for standing up to china as the traditional allies strengthen defense ties. Shery thats get a quick check of how markets are trading at the moment. U. S. Futures opening to the upside, point 1 , this as stocks fell. We had traders assessing corporate earnings, not to mention contentious negotiations on a legal stimulus package. We have the s p 500 nearly raising money. We had traditional sectors gaining grounds. Real estate, utilities performing while energy declines. We had worse than expected results from a few companies 3m. Uding mcdonalds and the nasdaq composite also lost more than 1 . Tomorrow is the big antitrust showdown. We have the big tech giants including jeff bezos and Mark Zuckerberg testifying, so we will be watching that closely. Take a
Infections spike in the philippines millions of people return to lock down medical workers say more must be done. Rockets fired as an airport in eastern afghanistan a day after i saw claimed responsibility for a deadly attack on a high security prison. And the long wait for financial help talks resume in the u. S. On a rescue package for millions of unemployed americans. And it was the race to find a Coronavirus Vaccine continues the World Health Organization has warned there may never be a socalled Silver Bullet to end the pandemic is urging governments to enforce basic prevention measures rigorously intruding mosques and social distancing as a way out of the crisis all the 18000000 covered 19 infections have been reported worldwide the true number is thought to be much higher of those confirmed more than 680000 people are known to have died from the disease according to the u. N. Health less than 10 percent of those whove had the virus have developed antibodies that means theyre at r